HGTV (an initialism for Home & Garden Television) is an American basic cable and satellite television channel that is owned by Scripps Networks Interactive. HGTV broadcasts a variety of how-to shows with a focus on home improvement, gardening, crafts, and remodeling. The channel is headquartered in Knoxville, Tennessee. The channel sponsors the annual HGTV Dream Home and HGTV Smart Home giveaways. As of February 2015, approximately 95,628,000 American households (82.2% of households with television) receive HGTV.